Precision Drilling Statistics
Total Valuation
PDS has a market cap or net worth of $987.87 million. The enterprise value is $1.67 billion.
| Market Cap | 987.87M |
| Enterprise Value | 1.67B |
Important Dates
The next confirmed earnings date is Thursday, April 25, 2024, before market open.
| Earnings Date | Apr 25, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
PDS has 14.48 million shares outstanding. The number of shares has increased by 0.67% in one year.
| Shares Outstanding | 14.48M |
| Shares Change (YoY) | +0.67% |
| Shares Change (QoQ) | -0.48% |
| Owned by Insiders (%) | 1.32% |
| Owned by Institutions (%) | 58.04% |
| Float | 13.95M |
Valuation Ratios
The trailing PE ratio is 4.81 and the forward PE ratio is 7.57. PDS's PEG ratio is 0.40.
| PE Ratio | 4.81 |
| Forward PE | 7.57 |
| PS Ratio | 0.68 |
| Forward PS | 0.48 |
| PB Ratio | 0.86 |
| P/FCF Ratio | 4.55 |
| PEG Ratio | 0.40 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 3.55, with an EV/FCF ratio of 7.68.
| EV / Earnings | 7.67 |
| EV / Sales | 1.15 |
| EV / EBITDA | 3.55 |
| EV / EBIT | 6.58 |
| EV / FCF | 7.68 |
Financial Position
The company has a current ratio of 1.40, with a Debt / Equity ratio of 0.63.
| Current Ratio | 1.40 |
| Quick Ratio | 1.31 |
| Debt / Equity | 0.63 |
| Debt / EBITDA | 1.53 |
| Debt / FCF | 3.31 |
| Interest Coverage | 4.19 |
Financial Efficiency
Return on equity (ROE) is 20.50% and return on invested capital (ROIC) is 15.01%.
| Return on Equity (ROE) | 20.50% |
| Return on Assets (ROA) | 10.10% |
| Return on Capital (ROIC) | 15.01% |
| Revenue Per Employee | $291,407 |
| Profits Per Employee | $43,495 |
| Employee Count | 5,000 |
| Asset Turnover | 0.68 |
| Inventory Turnover | 34.21 |
Taxes
| Income Tax | -17.03M |
| Effective Tax Rate | -8.50% |
Stock Price Statistics
The stock price has increased by +35.92% in the last 52 weeks. The beta is 2.92, so PDS's price volatility has been higher than the market average.
| Beta (1Y) | 2.92 |
| 52-Week Price Change | +35.92% |
| 50-Day Moving Average | 65.34 |
| 200-Day Moving Average | 61.36 |
| Relative Strength Index (RSI) | 47.85 |
| Average Volume (30 Days) | 84,383 |
Short Selling Information
The latest short interest is 351,549, so 2.43% of the outstanding shares have been sold short.
| Short Interest | 351,549 |
| Short Previous Month | 344,096 |
| Short % of Shares Out | 2.43% |
| Short % of Float | 2.52% |
| Short Ratio (days to cover) | 5.40 |
Income Statement
In the last 12 months, PDS had revenue of $1.46 billion and earned $217.48 million in profits. Earnings per share was $14.17.
| Revenue | 1.46B |
| Gross Profit | 532.23M |
| Operating Income | 257.07M |
| Pretax Income | 192.90M |
| Net Income | 217.48M |
| EBITDA | 469.41M |
| EBIT | 253.44M |
| Earnings Per Share (EPS) | $14.17 |
Balance Sheet
The company has $39.32 million in cash and $720.12 million in debt, giving a net cash position of -$680.80 million or -$47.02 per share.
| Cash & Cash Equivalents | 39.32M |
| Total Debt | 720.12M |
| Net Cash | -680.80M |
| Net Cash Per Share | -$47.02 |
| Equity / Book Value | 1.14B |
| Book Value Per Share | 78.99 |
| Working Capital | 105.41M |
Cash Flow
In the last 12 months, operating cash flow was $363.31 million and capital expenditures -$145.97 million, giving a free cash flow of $217.34 million.
| Operating Cash Flow | 363.31M |
| Capital Expenditures | -145.97M |
| Free Cash Flow | 217.34M |
| FCF Per Share | $15.97 |
Margins
Gross margin is 36.53%, with operating and profit margins of 17.64% and 14.93%.
| Gross Margin | 36.53% |
| Operating Margin | 17.64% |
| Pretax Margin | 13.24% |
| Profit Margin | 14.93% |
| EBITDA Margin | 32.22% |
| EBIT Margin | 17.39% |
| FCF Margin | 14.92% |
Dividends & Yields
PDS does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -0.67% |
| Shareholder Yield | -0.67% |
| Earnings Yield | 22.01% |
| FCF Yield | 22.00% |
Analyst Forecast
The average price target for PDS is $107.00, which is 56.82% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $107.00 |
| Price Target Difference | 56.82% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on November 12, 2020. It was a reverse split with a ratio of 1:20.
| Last Split Date | Nov 12, 2020 |
| Split Type | Reverse |
| Split Ratio | 1:20 |
Scores
PDS has an Altman Z-Score of 1.2 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.2 |
| Piotroski F-Score | 7 |